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McCarty v. Toyota Motor Credit Corp. (In re Christopher)

McCarty v. Toyota Motor Credit Corp. (In re Christopher)

Ruling
Valid pre-petition purchase money unperfected security interest in the debtors' vehicle was not avoidable.
Procedural posture

Debtors filed a voluntary petition for relief under the provisions of chapter 13. Plaintiff trustee filed an adversary proceeding seeking to determine the validity of defendant creditor's lien, to avoid the creditor's lien, and to object to the creditor's claim.

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Consumer opinion summary, case decided on June 25, 2013 , LexisNexis #0713-091